Until then, Id really like to set up some passive income in the city based upon buying and holding units for rent. 

I've been consuming as much content from BiggerPockets the past 6+ months to plan for an earlier retirement than I initially thought possible.

one option is to continue renting out all four properties to cover mortgage payments and generate passive income.

You “substitute” the treasury bond for the mortgage, retiring the $100,000 mortgage.

Typical rates are 8-12% of income either monthly or yearly depending on manager.

If you are selling your business, what are you two doing for income now (goes toward financing ability)? 

Are you able to take advantage of the ADU as an expense against other income (W2 other gains) where you could get back most of it? 

@Erika Caba I think if at the end of the year when you can evaluate the situation as a whole with everything taken into consideration and are looking at your tax returns if your goals have been accomplished with this building, whether it’s positive cash flow, off setting W-2 income, whatever, then I’d say it’s too early to throw in the towel.

Development: Fayetteville Officials are seeking nearly $30 million dollars from HUD to reconstruct low-income housing on Murchison Road and Elliott Circle.

Typically, your stabilized operating expense ratio (Total Operating Expenses / Effective Gross Income) should be between 35% and 50%.